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FOX Business
Nov 6, 2012 6:00pm EST
, columnist and michael goodwin. former u.s. investor john bolton. kt mcfarland. nationally renowned psychologi psychologist, and all among our guests here tonight to sort out what is happening. joining me, the election night eight-teanighta-team. let's start with this race as we look at what is happening here. the president rested today, although he did a number of interviews, went to the campaign staff. still campaigning. what do you believe that signifies if any. >> nothing. part of the strategy for the obama camp was the cost of supporting a candidate. president obama doing a lot of promoting. trying to make a last-minute play. we will see what happens. lou: what is your sense of what is happening? >> you said neither candidate could be comfortable read we saw them both assuming they had already locked up romney in virginia and florida. president obama in wisconsin of all places in pennsylvania, these were supposed to be safe. the heavy turnout is something in general you can find it favors one or the other. more people vote, the better. that will make it a better election, my be
FOX Business
Nov 6, 2012 9:20am EST
: using compromise could be forced on president obama? charles: we will hear the term care can down the road. that will one be here over and over again. stuart: you are saying yes. mitt romney could compromise. you are saying obama may be forced to compromise. i see a stock-market rally in either scenario. >> spending is that 20% gdp and the president will work hard to keep it as high as he can. mitt romney will work to bring that into line because he recognizeds the more you spend in the public sector the less you have in the private sector. if you want private sector jobs you got to manage government spending. it is that historical highs. it is much better for the economy that we go to the other scenario. stuart: week romney we have seen in the last couple weeks in the debate, you have watched him. you may have been at some of his speeches. is that the guy you knew? >> absolutely. he is a sophisticated guy. doesn't lose his temper certainly not in public. he is working to figure out how to push the ball down the field. that is the mitt romney i see speaking to us. stuart: did he e
FOX Business
Nov 10, 2012 5:00am EST
and the president fithe fiscal mess they put us in before it's too late? and the other side is about to about in congress that nobody is talking about. welcome to "the willis report." ♪ ♪ gerri: welcome everybody, i am gerri willis. the u.s. dangling over the fiscal cliff. washington can't get its act together speaker boehner challenging president obama to lead us. his first comments on the economy sense reelection, he seems emboldened by his reelectio with more on this, chris stirewalt. it is great to have you here. i want to start by talking about what the president had to say today. he seemed pretty firm on what he said so far about what we need to do with taxes in this country. here is the president. >> i am open to compromise. i am open to new ideas. i am committed to solving our fiscal challenges. but i refuse to accept any approach that is not balanced. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me, making over $250,000 are not asked to pay a dime more in taxes. [applause] gerri: chris, jay carney comes out
FOX Business
Nov 12, 2012 4:00pm EST
, a veteran himself joins us with a look at the extraordinary program. david: yesterday was veterans day. now what drove the market with the "data download." a mixed day on wall street as stocks struggled for some sort of direction. up and down following the worst week for the market in months. the nasdaq closing i in the red, nostrils and telecom were the top performers while utilities and technology stocks lagged a little bit. copper rebounded from a two-month low after greece lawmakers gave the euro a boost against the dollar. closing 7638 per ton, posting a gain after five straight weeks of losses. the euro holding two-month lows versus the dollar uncertainty, weighing on the currency. hit an intraday low of $1.27 down nearly 2% against the greenback so far this month. sandra: jerry leavy to tell us what another 4% dip could be on the way and the biggest money makers, why outside the united states. very, what is the deal here? this huge selloff last week and yet before the election everybody said that the elections behind us, skip third-quarter earnings season, we will have certainty in t
FOX Business
Nov 26, 2012 4:00pm EST
of the u.s. means less usage of natural gas, particularly in the northern midwest and we were going to get snow tomorrow under an inch. david: and we are seeing weakness the department store stocks. macy's and nordstrom's underperforming in that particular sector. liz: how about some jewelry for the holidays. a rough year, but today it is making a huge push to get consumers to buy diamonds and fine jewelry. president and ceo harvey cantor here live to tell us what those deals are including a huge giveaway they're doing and how we are doing and what kind of a halo effect they're having on the giveaway. david: and economic advisors warning middle-class tax rates to rise and failing to catch could cause consumers to spend $200 million less than they normally would next year. coming up chairman of the president's council of economic advisors joining us to talk about the fiscal cliff and whether we will go over it. liz: do not miss it. but first what drove the market with today's data download. the nasdaq the only major index. still a pretty rough day on light volume. the dow and s&p ending low
FOX Business
Nov 5, 2012 7:00pm EST
for tonight's willis report, thank you for joining us. we'll see you back here tomorrow on election day, have a great night. lou: good evening we're now one day away from deciding who will lead this country for the next 4 years, president obama and governor romney campaigning hard in the swing states, that will decide the outcome of this elect, candidates adding new stops to extent campaign 2 election day. candidates still making their pitches, and what has been one of the longest fiercest and most expensive presidential elects in history. after nearly 2 billion-dollars, more than 600 million by outside groups alone, hundreds of events attended by both candidates, where do we stand in it is the poll say, an absolute dead heat. the swing state of virginia 13 electoral votes as ts to toss u, rasmussen report with governor romney with a 2 point lead, and it looks very close this year, latest survey. shows governor romney pulling into a 47-47 tie with the president, putting keystone state 21 electoral votes termly in play, and obviously if polling is correct, no state more surveyed and
FOX Business
Nov 7, 2012 12:00am EST
, that is only way we will get congress, he needs a new economic time, and his skills and int -- intellect to use the bully pulpit which he has not done so far. neil: what do you think? >> a tax increase. neil: he will claim that is what -- >> he ran, nothing but for confrocontran seption, and a ner issues. neil: republicans go along. >> speaker and minority leader, they will be in bet pore sig, -- better position, when new congress is seated, everyone kicks a character and puts so much on the election. neil: that is their cover. lou: i don't think that john boehner has conservativ!! covert forefront of the republican party. neil: he is their biggest star. lou: he is only man with power. on part of the republican party, period, mitch mcconnell, is a minority leader of senate that does not approach him, discussion that simpson-bowles it was rejected by this president, and by the republican party, it is not a good plan. people need to understand this. it is not a plan that will be embraced by those who did not want to see higher taxes. the idea of that the president can speak to taxes and say, the
FOX Business
Nov 7, 2012 5:00pm EST
of things to come? here to start us off on this one is united advisors chief market strategist scott martin. scott, what does the future hold? >> probably a very big dose of volatility, melissa. thanks for pointing out we didn't lose as much as we did four years ago. melissa: right. >> it is still a loss. i love to look for you to the silver lining. this is the issue. you mentioned in the tease at the beginning. this fiscal cliff that looms ahead, not that far ahead. only a couple months away if that. there is certainly no resolution in sight. one of those things we'll play chicken with the u.s. economy. we'll play chicken with the u.s. consumer and probably not get anything done. that is the uncertainty that looms over the market more than anything. melissa: here is the question people are asking me today, on election day, stocks are moving higher. it seemed pretty obvious during the day that barack obama was winning. what was the big change overnight? what was the hangover today? >> yeah. that was the goofy thing and that's why i think blaming barack obama's re-election today kind of a re
FOX Business
Nov 27, 2012 11:00am EST
secretary. home prices keep climbing. your professor will tell us if that streak can continue. connell: at the top of the hour, stocks now. good morning. it is nicole petallides on the floor of the new york stock exchange. nicole: good morning, dagen and connell. a big piece of news here. this is obviously a big deal. ninety dollars a share. you can see how the stocks are faring. this will create the second largest package food company. you can see the upside. conagra is up about 4% there. obviously, big news on that. the dow today down 41 points. he regained 3.3%. today we have come under pressure. the s&p and nasdaq also down. there is a loss of about 40 points. yesterday we lost about 42 points. short-term pullback is pulled back. dagen: thank you. if congress is unable to prevent the fiscal cliff, our lawmakers could send the entire world economy into a recession. steve moore is here, senior economics writer at the "wall street journal." he joins us now from washington, d.c. will they prevent it, steve? >> the good news is, no one should ever listen to what they say. but, you know,
FOX Business
Nov 15, 2012 4:00pm EST
for the first half of next year. david: larry, stay with us. stellar earnings yet to come and. as soon as we get them we will report them to you. markets, down moves, but is there any hope ahead at all? liz: there is always hope. it is a street fight. today's bowl is jim down again. today's bear, bryan, chief equities analyst at nbc productions. jim, the ball, why are you optimistic? >> we don't have our recession and are forecast. although there is a lot of head and as we go into the end of the year and whether it is the fiscal cliff or a hurricane, the storm is certainly in front of us, but we think it will get resolved. there will certainly be some impact on gdp, but we think the pace of the economy continues. housing is a bright spot, which we think will continue, and that helps the consumer. we think that even with all of the concern, the holiday season will probably still be a positive one. david: i'm not as optimistic as jim, but i don't think i am as pessimistic as you are. you say valuations of stocks right now are too high, but look at apple, a 11 times for earnings. google is 17 times
FOX Business
Nov 16, 2012 1:00pm EST
together. it is sort of saying this silver lining is in sight and that gave us a boost here on wall street. 12,471. our heart of the day was 12,602. not far off from yesterday's. you are seeing some financials here. they are trying to move along. jpmorgan was in the red earlier today. bank of america. some of the financials are still in the red. citigroup, goldman sachs, case-by-case. it is not a blanket of of arrows across the board. it still remains. it is something they have to contend with sooner than later. melissa: breaking news right now. the fire is now out at the offshore oil platform. that is in the gulf of mexico. there was an explosion just after 9:00 a.m. eastern. it was about 20 miles off the coast of louisiana. at this time, the coast guard, look at that, the coast guard cannot confirm any deaths. two people are missing and nine people have been flown to local hospitals. we will bring you the very latest just as soon as we learn it. lori: bp is so fresh in everyone's memory still. president obama meeting with congressional leaders. it is all we are talking about these days.
FOX Business
Nov 6, 2012 5:00pm EST
number of women's group, can you help us find folks. they brought us binders full of women. >> governor we don't have horses and bayonets because the nature of our military is changed. >> jack kennedy lowered taxes. >> oh you're jfk. >> don't boo, vote. voting is the best revenge. stuart: this is exciting. this is decision day. i'm stuart varney and this is a special election day edition of "varney & company". we have an all-star cast spread throughout the studio and across the country for you. gerri willis at romney headquarters in boston. rich edson at obama headquarters in chicago. sandra smith is tracking key swing states for us. scott rasmussen has final polls and a prediction. first our company for the for the hour, former presidential candidate steve forbes and radio host and best-selling author, monica crowley. to you first, you're both conservatives. monica, who is going to win. >> governor romney will win the presidency by three percentage points and over 300 votes. stuart: are you being objective? >> i hope not my wishful thinking. over last month and a half i have been to mo
FOX Business
Nov 7, 2012 1:00pm EST
the election rattling investors in the u.s. europe moving to the front burner once again. we talked about this yesterday being the cause of all this volatility in the u.s. market. warning the economic slowdown hitting germany, the euro's own partisan healthiest economy. investors wait for a vote on another unpopular austerity package,,deep spending cuts so they can get the next round of eight. the measures are expected to pass by a narrow marrin. already showing their anger, all shut down for a second day. police using tear gas against the demonstrators. tracy: and clearly we are seeing that the market. rolling over when the market closed. part of it is down. now that the election day has ds come and gone and the government rings virtually unchanged, congress should be able to work with differences. peter barnes has brought himself back to washington. it is like dÉjÀ vu all over again, isn't it? >> yeah. we just heard from democratic leader harry reid in a press conference in the last hour. he was sounding conciliatory kind of. >> everything within my power to be as conciliatory as poss
FOX Business
Nov 13, 2012 4:00pm EST
are facing across the pond but also the situation we're facing right here at home. watch out, the u.s. could become the next grease. plus we're going back to the global leadership conference where she is surrounded by all kinds of business leaders. what do you have coming up? >> we were surrounded when richard branson was here. they scattered, they all went to go listen to what is of ccurse one of the most exciting and innovative entrepreneurs on the planet. coming up, another one, this time jimmy wale of wikipedia, the cofounder. you and i haven't spoken to him in the past. boy is he speaking now. all kinds of discussions about the influence that wikipedia now has today in the biggest of the big news stories and his thoughts on the stop on the piracy act that was stopped in part because he went and put wikipedia into the black, turned it off when he wanted to protest that act. we will talk to jimmy wales, one of the top entrepreneurs in america with what is next with him and wikipedia. david: thank you very much. before all of this stuff we will tell you what drove the market with the "data
FOX Business
Nov 17, 2012 5:00am EST
business. what folks are looking for, and i think all of us agree, we are looking for action. they want to see we are focused on them and not focus on politics here in washington. gerri: compromise. he says the word compromise. why don't you buy? >> he said the word compromise, but he also said our challenge is to find compromise. he's right about that. there's a historyy there. we are not making these judgments based on nothing. we go back, we will do the debt ceiling, the way out of the debt ceiling negotiations, to create a super committee. going to the super committee and look at wat they did. they worked on a come they couldn't come to an agreement. they cannot find a compromise. so they punted and kicked it down the fiscal cliff. now, you're facing this fiscal cliff. they will revisit these issues in 2013 and put in some longer term structural reforms both on the tax side and the entitlement side. i am pessimistic that we will see anything serious done in the short-term and long-term. gerri: i want to ask your opinn about an outlier opinion, americans for tax refo, grover norquist
FOX Business
Nov 30, 2012 4:00pm EST
will derail the biggest economic driver in the u.s. and that is biotech. mike milken talking about life-saving drugs, jobs that come with them and our status as the leader of the industry, all at stake if we go over the fiscal cliff. and dr. francis collins with the national institutes of health. fiscal cliff. folks including today to liz hy malcolmed the month of november and the red and nasdaq and s&p close slightly higher, consumer discretionary and industrials were this month's top performing sectors, utilities and energy lagged behind. oil posting its second straight day of gains closing the trading day up 1%, $80.91 for a barrel of oil and today's gains in crude up 3% for the month of november as concern over threats to supply due to mideast violence offset ongoing demand worries and personal spending, are you part of this, it sold for the first time in five months dropping 0.2%. the commerce department is a debating that to hurricanes and the lowering wages and salaries by an annual rate of $18.2 billion. dave: we may get a dividend bust in the month of december and discuss all o
FOX Business
Nov 28, 2012 1:00pm EST
by storm. struggling to get the fiscal cliff deal done. joining us, senior vice president of washington research, thank you for joining us. >> thank you. melissa: what do you read of the bits coming out, how do you think it is going the closer we are to reaching a deal. >> we are still weeks away from a deal. we will get something before christmas, but look at the thursday, friday, saturday before christmas. you look at the public statement, digested a little bit and kind of figure out what is going on behind the scenes. there have been talks going on behind the scenes, just don't thinthink they have all been as productive as we would like them to be yet. the real negotiating just beginning to pick up now. melissa: it seems like they're looking under every rock for more revenue. we were hearing about federal gas tax, talking but obviously raising taxes on anyone who makes more than $250,000 but you don't hear anything serious about cutting spending or entitlement or anything. >> i think the white house thinks we are in a better place than they were a year and a half ago so they're stayi
FOX Business
Nov 5, 2012 9:20am EST
't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur >> monday, november 5th. too many is one of the most important presidential election ngs years and we still have no clear idea who is going to win. i've got an opinion, but it's just that, it's an opinion. all the polls had the two candidates in a dead heat. president obama has a one point lead and the wall street journal poll. the daily tracking poll a tie. and the abc news poll president obama a one point lead and the biggest spread from pew research. obama 48, mitt romney 45. that's a lot of polls, a lot of numbers, but the big take away at this, the race at this point is too close to call, it's one day away. now to the storm, one week after. there are 1.4 million homes still in the dark across the northeast, that's a very large number. gas lines seem to be easing a little, but the commute into new york
FOX Business
Nov 6, 2012 10:00pm EST
seventh term. lou: such a remarkably able u.s. senator. neil: he moved a lot of positions, he moved gingerly to the right, he cornered his tea party opponent and the winner of the republican primary. that is a seat that stays in republican hands. it could mean that republicans and in worse shape than what we think. lou: given what we have seen, i am not surprised -- in missouri and indiana, this is a campaign organization. let's be straight forward. the strategy was sometimes incomprehensible. it amounted to less than the two plan to take over the senate. this is before things went from bad to worse the. neil: yes, picturing leadership changes here. lou: you absolutely could. there would be those in the senate, in particular, those who would demand changes. the language has become a little tired. the strategy has become a little less provocative and deep than it should be. i'm not talking about the presidency. i'm talking about terms of being competitive in the united states. neil: lou dobbs, thank you so much. we have jeff and columbus, ohio. how does it look? >> yes, i can hear yo
FOX Business
Nov 6, 2012 8:00pm EST
brown. democrats hope that this time, the turn out for obama will help to put warren in the u.s. senate. neil: amazed with that money that linda mcmahon put up. they just told me a lot of those fights are rigged. peter thank you very much, peter barnes,. >> we go to robert wolf, chairman, a big supporter of barack obama, how do you technology is going so far. >> you know, i think as predicted there are no surprises yet, we're waiting for key swing states we're optimistic with our stronghold, ohio, wisconsin pennsylvania, iowa. so we're confident that it will be a good night for the president. neil: are you surprised that -- i guess we always knew from a lot of polls it would be a fight. but for the president, who has been champions what he says is an improving economy, he is really on a fight of his life hire. with a guy who early on in the race, tried to say really had no business, running for president, did not had a sort of a callous business disposition, but as numbers come in, this is a 50/50 call almost. >> i think no surprise that -- it will be 50 plus or less one way or the othe
FOX Business
Nov 26, 2012 9:20am EST
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FOX Business
Nov 14, 2012 5:00pm EST
it comes. joining me is union leader. thanks so much for joining us. you're the national, sorry, the president of the national education association. you attended the president's meeting with labor leaders at the white house. thanks for joining us. what was the tone of that meeting? >> well the tone of the meeting was very positive. i think it was a time for people to express their interests and in areas that they definitely want to have considered. obviously as you mentioned it was just one of three meetings this week. i joked with him i wish i could have attended all three. i think they would be very different meetings and very interesting. melissa: what you dough mean about that? what do you think was different for the ceo meeting for example? >> i believe everybody has different perspective. i was high school math teacher for 23 years. now i serve as president of nea. step one, if congress does nothing it will have devastating impact on education. the across-the-board cuts would cut 8.2% from the federal education budget. would impact nine million students. 76,000 educators
FOX Business
Nov 6, 2012 11:00pm EST
for the u.s. senate? how is it that the republican party seems so at a touch with the american people that they could lose all of these opportunities and actually be dominated rhetorically and in the language and messaging of campaigning in 2012. does what happened. neil: missouri right now goes for mitt romney, leading by two points. i don't think that's a shock. again, pick up ten electoral votes. another alert. power restored. >> excellent. congratulations. let's hope that the rest of new jersey -- neil: lou has a nuclear power generator powering his compound. >> i want to give credit to sussex rural electric who delivers on their problems. >> something happened. let's go to bed cheryl. taking a look at how these issues were resonating. some of these exit polls. apparently a lot of people felt the storm kind of stabilizing for the presidents. a host of other issues. what was on their minds to parses the results your seeing? >> i want to pick up on what you were speaking about, the issue of hurricane sandy. that to give the president a bit of an edge in the exit polls, but i do want
FOX Business
Nov 8, 2012 11:00pm EST
'easter yesterday crimper crippled us more than ever because we were just getting going. yesterday everyone disappeared for the only thing you saw was the sanitation workers and private dump trucks and that was it. there was no miracle to be found. there was no fema to be found. neil: that's amazing. >> i'm talking not just for myself. not everyone has the opportunity to talk to you. i can actually talk to everybody. this is terrible and it's getting worse. it's not getting better. neil: you said it very well, marianne. thank you very much. again, not to disparage the government officials or fema, it is due to spare some of their arrogance. for those to say they ar on top of that when in fact they are not. it is not that we expect government agencies like this. we don't. don't brag that you are then. that's the problem. because he really began to upset these people. what do you think? >> had i been there, i would be very disappointed to hear what was going on in staten island. she probably represents a lot of residents as well out of long island and new jersey. i did not understand federal
FOX Business
Nov 29, 2012 6:00pm EST
for the american economy and says all the wrong signals to us signals to the market and international investors. also the demonstration of the sheer breathtaking arrogance of the obama presidency. this is a set of demands from an imperial white house. that simply is not open to any form of discussion at all according to these latest developments. this is a deeply worrying. the united states is on the edge of the economic abyss. the $16 trillion debt. so far there are no serious proposals whatsoever coming from the obama administration with regard to cutting this level of debt that the united states knows. america is heading for an economic catastrophe. it is a slow-moving sort of trained crash. gerri: i think that train is being of every single day. to you. imperial presidency. not only imperial. it's on hiatus. the talks have been outsourced. the very man who negotiated the biggest bailout of banks in u.s. history. i think his choice of a negotiator is even problematic at this point. >> i completely agree. if you think back to the start of the first administration, he had his problems getting
FOX Business
Nov 14, 2012 1:00pm EST
been helping keep us green, but not so much now. nicole: the dow down three quarters of 1% packing up the losses we saw last week, getting any economic news. the stock market struggling overall, but still the geopolitical concerns. the president coming out to talk about taxes and such. still worried about the fiscal cliff to name a few. the nasdaq down half a percent actually slipped into correction territory off of the highs in september. and let's take a look bucking the trend, other names have been hit hard, for example. here's a look at cisco systems coming out with the quarterly numbers, there is some good news there. lori: appreciate it. melissa: president obama's first news conference since his reelection. the white house and congress will attempt to work together, maybe, to find a compromise. peter barnes is at the white house. what do you think we can expect? >> i think we will hear a lot about petraeus, benghazi, general allen, the sex scandal, fbi, cia. all they have to do is look at yesterday's daily brief. two-thirds of it covered all of those subjects in about one third
FOX Business
Nov 6, 2012 9:00pm EST
hasten, and i mean quickly hastens at, that is my mastermind i have been known to use fingers and toes is a speculative stock. to not put great stock in it. wisconsin will be another one of those states to watch. wisconsin is one of those alternative romney place if you lose ohio. let me explain this briefly. pick up to and in wisconsin thanks to paul ryan being a running mate. maybe pick up the six in iowa. an uphill battle. polls show the president leading by five points are so. that is how you, altogether 16 electoral votes to offset the 18 you potentially lose in ohio. anyone's guess, but something will pursue now with sarah palin who remembers the pressure of this night four years ago. very good to have you. thank you for joining us. >> thank you so much. nice to speak with you. neil: have you think it is going? >> well, as predicted, very, very close. i was just trying to pay as close attention as i could to your commentary, trying to hear what you were saying about ohio. that, of course, is a bit of a bellwether and very pivotal. what is new with ohio, maybe you have a better up
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